We investigate simultaneous and sequential price competition in duopoly markets with differentiated products. In both …, just as predicted by the theory, whereas average follower prices are not above average prices in the simultaneous market … simultaneous-move markets whereas first movers do not. As in theory, there is a significant first-mover disadvantage when firms …

The theory of industrial organization has experienced an impressive boom by using the methods of (non-cooperative) game … theory. The conclusions depend, however. crucially on subtle details of the market decision processes about which there exist …

). In their duopoly game, firms can choose their quantities in one of two periods before the market clears. If a firm … leadership. Our data, however, does not confirm the theory. While Stackelberg equilibria are extremely rare we often observe …

We report on an experiment designed to compare Stackelberg and Cournot duopoly markets with quantity competition. For …

Most models of labor markets and (un)employment neglect how competition among firms or sectors of the economy affects … by price competition. A special advantage of such a framework is that one can distinguish two kinds of employment effects …

Research ; Game Theory ; Price Competition among Manufacturers and Retailers ; Empirical Industrial Organization …The present paper concentrates on the nature and structure of inter-store price competition. It focusses especially on … price competition between different retailers within one trading area and within one product category. Six theoretically …

setting behavior is in general consistent with the theory. Capacities converge above the Cournot level. Sellers rarely manage …

In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is …

orientation ; heterogenous market ; duopoly …